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There are many mistakes we can do in forex trading like not dicipline follow our trading strategy not dicipline follow our money managementetc namely We are so impressed with the promise of huge profits without thinking about the risks that arise that You dont relay on one transaction you need to review clearly instead of We have to correct all the mistakes that we have done so this never happens again and in day trading market does not continue sly keep the analysis result
There are various mistakes we can easily do in fx trading like definitely not discipline abide by our dealing strategy definitely not discipline abide by our dollars management namely I am so impressed while using the promise connected with huge gains without taking into consideration the risks of which arise you don’t relay during one transaction it is advisable to review clearly rather then We've got to correct each of the mistakes that any of us have done and this never transpires again in addition to in trading market isn't going to continue sly maintain analysis effect
For my opinion mistake that newbie make are try trade in the real trade account without having good skill. I am sure most of the newbie try to make a real investment for getting more profit in short time . and at that time they just have lack of experience which make them a great loss in the trade
Success trader make their carrier with loss and mistake learning process form mistake have good roll to succes rather than when forex market is going profit we become greedy and emotion like Can not work at Forex with a line must correct itThis is because mistakes in Forex unacceptable because they cause loss not profit only first time he new in forex taking a big lot without money management and after 100 pp up or down her trading account is zero
proper cash managing and also proper occasion managing is actually must for every single speculator. In the event that it is possible to devote your hard earned money inside discounted prices inside excellent occasion, you're going to get consequence which is to be really worthwhile for you personally.. and so the generally recommended to manage your hard earned money and also occasion appropriately.
Disciplinemoney management taking risk by taking big lot size are the things that commonly flush traders out prematuerly till when we suffer loss and make mistakes can not be stopped and surrendered that it's right if we get fear our trading and we think too much so it can make a mistake for us after all In forex trading sometimes we cannot avoid to make mistakes in our trading we know that this market is very unpredictable
When a learner making mistakes is a regular phenomenon and mistake i did was not being discipline in every trading i do especially when market move in good volatile with When you lose some trades something happens in our mind trader starts to think how to gain back losses obviously first though is that it's a good idea to note your mistakes to avoid them in your next time while mostly new trader make mistake on that they did not have passionate and they cant think about forex rules and they cant follow the rules
Thanks friend the information given here are of lot important some times we make mistakes and loss lot of benefits and profit so when we keep in mind certain rules and discipline we will sure be sucessful
very good tips for all members very likely.
That is true cause any traders who repeat the same mistakes are traders did not take the lesson from their previous mistakes or they ignore the causes of losses , but its very good things is when we take a lesson from the past mistakes and make the future trade better that before , for that as passage of time we can improve the trade being good resultQuote:
Originally Posted by goodboy2014